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20121121
20121129
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MSNBC
Nov 27, 2012 1:00pm PST
worry as much about the deficit, the revenues will come in, and we have to get rid of the social safety net the way it's been, and cut spending, slash spending dramatically. it was very divided policywise and barack obama won pretty handily. >> a week after the election john boehner, speaker boehner, does a press statement and he says we're not going to raise revenues. we should look at loopholes and deductions. >> one thing that hasn't changed and you can put on as many senate republicans as you want looking reasonable. what hasn't changed is the tea party caucus in the house. they've lost a few members, but they're still a majority and john boehner has to find some way to get something past them. that's why i doubt there will be a christmastime deal. i think the president is going to have to let these tax cuts end and then boehner may have a chance of convincing them to pass tax cuts for the bottom 98% without the top 2%. >> do you agree with that, dr. peterson? that the president will be forced to allow these to run their course simply so that republicans in the house won't ha
MSNBC
Nov 28, 2012 1:00pm PST
sandbox. i think that, you know, if we cut the budget, if we cut the deficit and raise taxes, i don't think that's the worst thing in the world. as warren buffett has been saying for the last 24 hours, are you really going to turn down a good investment opportunity just because the tax rates are a little higher in we're talking about a minor 4 percentage point increase in the upper end of the tax rate here. it's not life or death. you know, cutting the deficit and raising taxes, if they can't agree, which congress has shown themselves inability to agree. if they're not going to agree, maybe it's not the worst thing in the world for tax rates to go up and for the deficit to be cut. i think that could result in a big economic boom. >> wow. >> and then, let's say two weeks after we go over the cliff, after the 1st of january, they then cut attacks for everybody -- >> but here's the problem with that notion. it's not fine. but, john, it's not fine because a lot of ordinary middle class people -- >> that's the problem. >> -- are trying to spend money at christmas and they're deeply a
MSNBC
Nov 26, 2012 1:00pm PST
significant deficit reduction and you don't have to get into all this michigas as my grandma would say about which loopholes you're going to close. when you go that route you run into the same math problem mitt romney had. there's typically not enough revenue to make up for if the upper -- >> i have seen you do the experiment with the glass and it's wonderful. most americans think washington officials will behave like spoiled children, and warren buffett took the gop to school today, quote, let's forget about the rich and ultra rich going on strike and stuffing their ample funds under their mattresses if, gasp, capital gains rates and ordinary income rates are increased. the ultra rich, including me, says mr. buffett, will forever pursue investment opportunities. so he's calling for a minimum tax on millionaires and billionaires. will republicans listen? >> well, it's a sensible way. if we're going to have a deal, we will have to see some kind of compromise. a minimum tax on people making over $1 million a year can generate a half it trillion in a ten-year scale. if you include deducti
MSNBC
Nov 29, 2012 1:00pm PST
still continue to raise our deficit beyond unbelievable numbers you can't even find on your calculator. >> my hope is to get this done before christmas. >> you might call this thelma and louise economics. >> our country doesn't need a victory lap. it needs photo-op. >> i don't think they're going to take pictures. >> extraordinary financial gifts. >> he did a terrific job running the olympics. >> worked agris sifly to turn them out to vote. >> if it was president bill clinton ideas might actually be exchanged. what percentage of people watching right now think proev is going to offer mitt romney secretary of commerce? >> play my jam! ♪ >> i got my costco card. >> three packs of shirt from costco. >> americans want to celebrate christmas not the holidays. >> except if you go to brown university. >> they think there's a made-up war on christmas. there is a war on christmas. >> i don't look down on you. i don't think you're a pinhead. why are you messing around with christmas. >> don't tell me what i think. >> nothing says christmas like santa and ak-47s. >> when i sing "white christmas
Search Results 0 to 3 of about 4